In these trying times, our nation finds itself facing a formidable challenge, one that has already cost the lives of over 1300 people, seen the captivity of hundreds of innocents and is not only taking a toll on our collective spirit but also on our economy. This war has inflicted an estimated cost of 4 billion shekels each week, and the Bank of Israel estimates (as of November 27) that it will cost 53 billion dollars. While we are resilient, we must acknowledge the ripple effect this has on our beloved Israel. Ultimately, the weight of this war’s financial burden will fall heavily upon the shoulders of our small and medium-sized businesses, which have already been hit hard by the ongoing conflict.
Small and medium enterprises (SMEs) form the backbone of our economy, providing jobs, driving innovation, and contributing significantly to our nation’s prosperity. Sadly, these businesses have faced immense challenges during this period of uncertainty, ranging from the call-up of hundreds of thousands of our citizen soldiers to a dramatic drop in consumption. They’ve grappled with disrupted supply chains, decreased customer demand, and the rising costs of operation. Israelis everywhere have answered the call, and are ready to step up and face these challenges together as we rally and show our unwavering support.
In times like these, unity is our greatest strength. We must stand together as a nation, bolstering one another and helping our businesses weather this storm. One of the most effective ways we can make a difference is by choosing to patronize Israeli businesses over non-Israeli ones whenever possible.
Here are a few reasons why supporting Israeli businesses during this wartime situation is essential:
- Preserving Jobs: When we choose Israeli products and services, we directly contribute to job preservation. SMEs employ a significant portion of our workforce, and by supporting them, we ensure that our fellow citizens can continue to provide for their families.
- Economic Resilience: Strong local businesses build economic resilience. By investing in Israeli enterprises, we create a more robust and self-sustaining economy that can withstand external shocks.
- Innovation and Growth: Many Israeli businesses are at the forefront of innovation and technology. Supporting them means fostering continued growth and development within our country.
- Community Building: Local businesses are an integral part of our communities. They sponsor local events, support charitable causes, and create a sense of belonging. By supporting them, we contribute to the vitality of our neighborhoods.
- National Pride: Patronizing Israeli businesses is an expression of national pride. It shows that we believe in our country and are willing to invest in our own future.
In these challenging times, the cost of war weighs heavily on our nation. However, our strength lies in unity. Small and medium-sized businesses are the bedrock of our economy and need our support now more than ever. By engaging with Blue and White businesses whenever possible, we can genuinely impact the lives of our fellow citizens and contribute to a brighter future for Israel. Together, we can conquer any obstacle in our path and emerge even more resilient on the other side.